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Sales Tax
Sales tax is a consumption tax levied upon purchase of a particular service or goods. The taxable amount is determined after applying the percentage rate to the taxable price of the goods or service.
3,209 Questions
If i purchase i car that hasn't been registered for 2 years do i have to pay the back taxes?
Yes....They will get you when you try to register it. I was over by 2 days there was an extra fee. I was not aware until the registry worker explained. He also told me that someone else came in that did not register an vehicle he was restoring for almost 7 years. It cost more than what he payed for the car to take care of all fines.
It depends. Legally if you purchase it you have too. But, you can always claim that you bought it for less than what was actually agreed upon, or try and claim it as a gift. Just remember that that is fraud, so, the answer is yes, you have to pay on any purchase.
How do I get reimbursed for sales tax paid on items that were resold?
Sales tax laws vary greatly from state to state and consequences for incorrect filing can be severe. I recommend you check with your individual state's website for further information.
In my state, Texas, if the error is caught within thirty days, you can deduct the amount of the purchased goods from the total purchases the following month. This allows you to take a "credit" on the next month's return. If you have no purchases, or if the error is not caught before 30 days, then there is a specific form to complete to request the refund from the state directly.
Again, check with your state's office to ensure proper reporting.
Would you pay the sales tax for your own state if you buy a car in a different state?
Many states (California and Louisiana among them) have "use taxes" equal to the sales tax if you buy a car out of state and want to register it in your home state. This is old-fashioned protectionism for the state's car dealers and the state, who would otherwise lose sales (and taxes) because people bought cars in another state where the prices and taxes were lower. Some states reduce the amount to less than the total sales tax, but will still charge higher fees to register out-of-state vehicles.
If you buy a used car in nebraska from a private party do you pay sales taxes?
No ... there is no sales tax on private person to person sales on used cars. Buying from a dealer may be a different story.
Do you have to pay sales tax when purchasing a used car from a private party seller in Utah?
Yes. You will pay them when you register the car at the DMV. Pretty lame. Double taxation.
Can a buyer in a private car sale reneg on the purchase?
Until money is handed over and papers are signed, you can back out whenever you want.
What is sales tax for used motorcycles in va?
The sales tax for a used motorcycle would most likely be the same as any general sales tax. You can verify that by calling the Virginia Dept. of Revenue at804-367-8031. You can also determine the exact tax rate for your purchase by going to our web site and inputing the ZIP code where the transaction will take place or the ZIP code where you will receive the purchase.
What states do not charge sales tax?
According to Wikipedia, the following states do not charge sales tax at this time:
Alaska
Delaware
Montana
New Hampshire
Oregon
Taxes are added or eliminated frequently, so this information could change at any time.
What is the used car sales tax in Tennessee?
According to Infiniti in Knoxville it is 7%. As of July 15, 2002 the sales tax on automobiles new or used in Tennessee is as follows: 7% of the purchase price BEFORE the application of any rebates, plus whatever the local option sales tax is on the first $1600 of the purchase price, plus an additional special state sales tax of 2.75% on the second $1600 of the purchase price. This information comes from a document published by the Tennessee Department of Revenue in January 2008.
What about sales tax from purchase of new vehicle?
Sales tax is typically collected by the dealer when you purchase the car. There are 5 States that do not charge sales tax on vehicle purchases: Alaska, Delaware, Montana, New Hampshire, and Oregon. If you buy a vehicle from a different State other than your own, then there are a few ways to handle the tax. If you can be more specific about your question, I can give you a more direct answer.
What is the sales tax for Chicago Illinois?
'Sources and related links' has the current rate (which was 9.5% at the time of this post)
I think so. Generally speaking, that is the case. However, if you paid sales tax to the state of Nevada, you should be able to deduct that from your Arizona taxes.
If you are a Texas resident and you buy a car in another state in which state do you pay sales tax?
Texas, the state of your residency
What is Georgia's sales tax rate on a used car?
zero percent if bought from private party. %8 if from dealer or business.
159.78
From the Motor Vehicle Sales & Use Tax section at http://www.mass.gov
Motor Vehicle Purchases in Massachusetts by Nonresidents: If a nonresident of Massachusetts purchases a motor vehicle in Massachusetts and takes title to and/or possession of the vehicle in Massachusetts, the sale is subject to the Massachusetts sales/use tax irrespective of whether the nonresident intends to use the motor vehicle within or outside Massachusetts.
You have 20 days in which to pay the MA sales tax (6.25 percent in 2012) to avoid penalties and interest, not to mention criminal charges for tax evasion.
What is the sales tax rate for Madison county ar?
The sales tax in Madison County, Arkansas is 8.500 percent, but 6.500 percent of this tax goes to the state of Arkansas. The county has an estimated population of 15,717.
What is the sales tax rate for beachwood ohio?
The current sales tax rate in Beachwood, Ohio is 8 percent. Most other places in Ohio are at 5. 7 percent.
The Illinois (IL) state sales tax rate is currently 6.25%. Depending on local municipalities, the total tax rate can be as high as 11%.
Do you have to pay sales tax when purchasing a used car from a private party seller in NEW YORK?
Yes. When buying a car from a private seller, the purchaser should get a signed bill of sale from the seller, which includes the sale price and identifying information about the vehicle, including the Vehicle Information Number. The purchaser then reports the sale price when registering and titling the car, using the Department of Motor Vehicle's Form DTF-802. Sales tax is paid at that time.
